"It’s also bizarre to see conservatives on the side of big banks and the federal government. Why is it always “you took out a loan, so pay it back” and never “you loaned out money to an 18-year-old who wants a gender studies degree; you’re an idiot”?" Josiah Lippincott
A Sane Solution to the Student Debt Crisis › American Greatness . . ."Many have rightly pointed out that student loan forgiveness is unconstitutional, which is true. But it was unconstitutional for the federal government to loan out that money in the first place. There is no provision in our founding documents that says the feds are supposed to subsidize higher education for the whole population.
"Indeed, it was the federal government pouring money into the university system that caused the price of college to skyrocket to such absurd levels. From 1963 until now, the price of a college education has tripled, after adjusting for inflation. Meanwhile, the inflation-adjusted starting salary for college graduates has remained flat at around $55,000 per year." . . .
Forgive loans! Support Hamas! When do we want it? NOW! |
Biden’s student loan forgiveness is just classic vote-buying, with taxpayer dollars – Orange County Register (ocregister.com) . . ."Biden’s hoping for “breathing room,” all right — but more for himself and his party than for those student borrowers.
"Borrowers aren’t unimportant, of course. But Biden isn’t really looking at 153,000 borrowers. He’s looking at 153,000 VOTERS.
"Plus a previous 3.9 million.
"Plus all of those voters’ parents, spouses, children, and other loved ones who probably like the reduced monthly hit on their household incomes.
"Like previous rounds, this latest write-off is a $1.2 billion campaign expenditure, one that doesn’t have to come out of the Biden campaign’s $56 million in cash reserves, or be raised with donation drives.
"Those of us who don’t have student loan balances hanging over our heads might not like it that much, but we probably won’t remember, remember on the 5th of November quite as bitterly as the beneficiaries will fondly.
"And before we get temporarily outraged, it’s probably worth considering how OUR votes are bought.
"They’re bought with “stimulus” checks." . . .